1. Arizona
2. Chandler
3. 2406 S PECAN Drive

2406 S PECAN Drive, Chandler, AZ 85286

• 4 beds |
• 2 baths |
• 2,285 sqft

Property Description

CALLING ALL INVESTORS, an exceptional investment opportunity awaits. Investor Only Opportunity | Home is a Licensed Residential Care Facility with Long-Term Lease Property located in the highly desirable Clemente Ranch community of Chandler, AZ 85286. This 2,253 sq ft single-family home features 5 bedrooms and 2 bathrooms and is currently operating as a licensed residential care facility. (Not a Sober living/halfway house) This property is leased to a long-term tenant under a 5-year agreement, generating $4,150 per month in rental income ($49,800 annually). With minimal landlord responsibilities, this asset offers a projected CAP rate of approximately 5.4%, making it a solid and stable addition to any investor's portfolio. Key Investment Highlights: " Long-term tenant in place (not owner-occupied) " Licensed and operating residential care facility " Stable $4,150/month lease through 2029 - With lease clause for increase yearly " Professionally managed " Located in Clemente Ranch - a highly sought-after Chandler neighborhood with proximity to A Rated Schools, freeways, medical centers, shopping, and dining This is not a typical residential listing and is intended for investors seeking steady income with low turnover risk. For serious inquiries lease terms/license documentation available.

Listing Status:

Active

Listing Office:

eXp Realty : 480-722-9800

Listing Agent:

Nicole M. Geving-Williams : 520-203-1890

MLS ID:

6854214

Interior

• General: Breakfast Bar9+ Flat CeilingsKitchen IslandPantryDouble VanityFull Bth Master BdrmSeparate Shwr & TubHigh Speed Internet
• Laundry: Wshr/Dry HookUp Only
• Flooring: CarpetTile
• A/C: Central Air
• Heating: Natural Gas
• Fireplace: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Nicole M. Geving-Williams, eXp Realty